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Self-serving bias explains personal success by internal causes and personal failures by external causes.
Confidence Level
The confidence level is a measure of the reliability of an estimate or interval, expressed as a percentage, indicating how often the true parameter falls within the estimated range in repeated samples.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the true value of an unknown population parameter.
Population Mean
The average of all the values in a population, representing a central point around which the values of the population are distributed.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the true population parameter with a specified level of confidence.
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